— Exxon Mobil stock is reclaiming a key level as it rallies on earnings. Here's where it could be heading next. — By Bret Kenwell, TheStreet.com Shares of Exxon Mobil (XOM) on Tuesday were trading about 1.5% higher at last check. That's a reversal from the slightly lower open and from the drop of almost 3% at the lowest point...
— On Jan. 30 rumors began to circulate that Saudi Arabia's Public Investment Fund could increase its position in or even take over Lucid Motors. — By Bret Kenwell, TheStreet.com Shares of Lucid (LCID) have been in focus lately as takeover speculation is heating up. The electric-vehicle producer's shares nearly doubled at one point on Friday and ended the session...
For a short while on Friday it looked like the week's budding rally effort was going to stall out. When push came to shove late in the session though, the bulls stepped up. While not every index cleared every possible hurdle, most of the indices have now cleared most of their most critical hurdles. That's not a guarantee of a...
For a short while on Friday it looked like the week's budding rally effort was going to stall out. When push came to shove late in the session though, the bulls stepped up. While not every index cleared every possible hurdle, most of the indices have now cleared most of their most critical hurdles. That's not a guarantee of a...
— American Airlines and Southwest Airlines both reported earnings this morning. One chart is great for the longs and one is bearish. Let's take a closer look. — By Bret Kenwell, TheStreet.com It's been mostly good news in the airline industry over the past few weeks. Not only have the stocks been trading quite well, but the earnings have been...
Is the bear market over? Not quite yet… technically. But, it could technically be over by Friday's close. There's a case to be made, in fact, that the bear market is already over. As usual, charts tell the story. Friday could be the game-changer for fans and followers of the NASDAQ Composite as a market proxy. Thanks to Thursday's 1.76%...
Is the bear market over? Not quite yet… technically. But, it could technically be over by Friday's close. There's a case to be made, in fact, that the bear market is already over. As usual, charts tell the story. Friday could be the game-changer for fans and followers of the NASDAQ Composite as a market proxy. Thanks to Thursday's 1.76%...
— AT&T is rallying after reporting better-than-expected earnings. Here's how to trade the stock from here. — By Bret Kenwell, TheStreet.com Investors heard from Verizon (VZ) yesterday, and before the open today they heard from AT&T (T), The telecom giant reported fourth-quarter earnings, delivering better-than-expected results. The stock was up more than 5% at last check as investors cheered AT&T's...
— Alphabet will cut about 12,000 jobs and the stock is rallying on the news. Here are the key levels to know right now. — By Bret Kenwell, TheStreet.com FAANG is in focus on Friday and it's not just because Netflix (NFLX) is rallying after reporting earnings. The attention is also on Alphabet (GOOGL) (GOOG), which will reportedly lay off...
It's weeks like last week that can convince you the market is deliberately trying to drive you nuts. Just when it looked like stocks were ready to make good on a budding rebound effort, something up-ends the young rally. And yet, while last week was a loser, losses weren't big enough to say stocks are back in a clear downtrend....
